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← COMMUNITY FOUNDATION OF THE BRAZOS VALLEY

Form 990 for tax year 2024

Filed by COMMUNITY FOUNDATION OF THE BRAZOS VALLEY.

Totals

Total revenue
$2,102,484
Total expenses
$1,476,290
Contributions and grants received
$1,198,276
Grants paid
$1,101,733
Program service revenue
$0
Investment income
$756,836
Other revenue
$147,372
Total assets, end of year
$13,621,696
Total liabilities, end of year
$1,123,884
Net assets or fund balances, end of year
$12,497,812
Program services expenses (Part IX)
$1,285,515
Management and general expenses
$141,510
Fundraising expenses
$49,265
Program service expenses (Part III)
$1,285,515

Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $884,757

  • 1f · All other contributions, gifts and grants

    $313,519

  • 1g · Noncash contributions included above

    $3,410

  • 3 · Investment income

    total $373,910 · related or exempt $373,910

  • 7a · Gross sales of assets other than inventory

    securities $843,361

  • 7b · Less cost or other basis and sales expenses

    securities $460,435

  • 7c · Gain or loss

    securities $382,926

  • 7d · Net gain or loss

    total $382,926 · related or exempt $382,926

  • 8a · Fundraising events: gross income

    $235,620

  • 8a · Fundraising events: contributions included on line 1c

    $884,757

  • 8b · Fundraising events: direct expenses

    $88,588

  • 8c · Net income from fundraising events

    total $147,032 · excluded $147,032

  • 11a · Other revenue: ADMINISTRATIVE FEES

    total $340 · related or exempt $340

  • 11e · Other revenue, total

    $340

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,082,133 · program services $1,082,133

  • 2 · Grants to domestic individuals

    total $19,600 · program services $19,600

  • 7 · Other salaries and wages

    total $114,297 · program services $34,290 · management and general $34,289 · fundraising $45,718

  • 10 · Payroll taxes

    total $8,867 · program services $2,660 · management and general $2,660 · fundraising $3,547

  • 11c · Fees: accounting

    total $29,321 · management and general $29,321

  • 12 · Advertising and promotion

    total $13,038 · management and general $13,038

  • 13 · Office expenses

    total $11,644 · management and general $11,644

  • 14 · Information technology

    total $1,191 · management and general $1,191

  • 16 · Occupancy

    total $11,447 · management and general $11,447

  • 17 · Travel

    total $574 · management and general $574

  • 23 · Insurance

    total $3,361 · management and general $3,361

  • 24a · Other expenses: TOMB OF THE UNKNOWN SOL

    total $101,017 · program services $101,017

  • 24b · Other expenses: INVESTMENT MGT FEES

    total $32,192 · program services $31,270 · management and general $922

  • 24c · Other expenses: CONTRACT LABOR

    total $21,917 · management and general $21,917

  • 24d · Other expenses: SOFTWARE FEES

    total $14,974 · program services $14,545 · management and general $429

  • 24e · All other expenses

    total $10,717 · management and general $10,717

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $318,056 · end of year $438,971

  • 2 · Savings and temporary cash investments

    beginning of year $738,862 · end of year $499,665

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,694 · end of year $2,365

  • 10a · Land, buildings and equipment: cost or other basis

    $7,357

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,332

  • 10c · Land, buildings and equipment, net

    beginning of year $25 · end of year $25

  • 11 · Investments: publicly traded securities

    beginning of year $11,755,517 · end of year $12,680,670

  • 15 · Other assets

    beginning of year $8,685 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,105 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,036,935 · end of year $1,123,884

  • 27 · Net assets without donor restrictions

    beginning of year $11,782,799 · end of year $12,497,812

Mission and programs · 2024

Mission

DEDICATED TO IMPROVING THE QUALITY OF LIFE IN THE BRAZOS VALLEY THROUGH THE DEVELOPMENT OF PHILANTHROPIC GIVING, RESPONSIBLE GRANTMAKING, PROFESSIONAL STEWARDSHIP AND COLLABORATIVE LEADERSHIP.

Activities or mission (Part I)

THE COMMUNITY FOUNDATION OF THE BRAZOS VALLEY IS DEDICATED TO BUILDING AND MANAGING CHARITABLE ENDOWMENT FUNDS FOR BRAZOS VALLEY NONPROFITS.

  • THE COMMUNITY FOUNDATION OF THE BRAZOS VALLEY DISTRIBUTED GRANTS TO IMPROVE THE QUALITY OF LIFE IN THE BRAZOS VALLEY TO QUALIFIED 501(C)(3) ORGANIZATIONS SELECTED BY AN APPROVED GRANT APPLICATION PROCESS AND BOARD OF TRUSTEES ACTION.

    Expenses $1,265,915 · Grants $1,082,133

  • EDUCATIONAL SCHOLARSHIPS TO STUDENTS.

    Expenses $19,600 · Grants $19,600

As filed on the 2024 return.

Listed in Part VII

  • Jorge Bermudez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jack Buckley Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Candy Rust

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Natalie Pine

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Jerry Fox

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Pat Guseman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Josh Gorbutt

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Weldon Russell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Louann McKinney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Casey Oldham

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    2
  • Lia Zaccagnino

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Julie Porter

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Molly Watson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mildred Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carrie Hines

    ASSISTANT BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Patricia Gerling

    PRESIDENT/CEO

    Total calculated
    $88,500
    From this org
    $88,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • AGGIELAND PREGNANCY OUTREACH INC

    $58,013

    GENERAL SUPPORT

  • CSISD EDUCATION FOUNDATION

    $56,409

    GENERAL SUPPORT

  • HOPE GATHERING INC

    $53,041

    GENERAL SUPPORT

  • BROTHERS IN WHITE CHAPEL

    $32,061

    GENERAL SUPPORT

  • THE BEE COMMUNITY

    $31,938

    GENERAL SUPPORT

  • BRENHAM CHRISTIAN ACADEMY DBA CITADEL CHRISTIAN SCHOOL

    $28,001

    GENERAL SUPPORT

  • UNBOUND NOW

    $27,783

    GENERAL SUPPORT

  • BAYLOR UNIVERSITY

    $25,000

    GENERAL SUPPORT

  • AGGIELAND HUMANE SOCIETY

    $24,758

    GENERAL SUPPORT

  • ONRAMP INC

    $19,952

    GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
30 September 2025
IRS schema version
2024v5.2
Source object
202502879349301100

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